PRELIM EXAM IN BUSINESS 1

I. IDENTIFICATION. Identify what are being referred to by the given concepts. (1 pt. each) 2 points1. The world’s top brands associated with quality, reasonable price and reflect

the manufacturer’s social and environmental consciousness. 2. It includes all the decisions and actions set by the managers and it provides a

gauge in the performance of a particular organization.

II. TRUE OR FALSE. Write TRUE if the statement is correct, otherwise, write FALSE. (2 pts. each) 30 points

1. Strategy formulation involves scanning and evaluating the organization which also includes the external environment.

2. Globalization is the nationalization of markets and corporations. 3. Strategy Evaluation excludes appraising the company’s performance. 4. Customers have more power because they now have unlimited access to

information through the internet. 5. Operational strategies are long-term and are associated with various operational

departments of the company. 6. In the electronic age, companies cannot go to customers directly as they need to

pass through distributors or intermediaries which serve as distribution channels. 7. Competitive Strategies deal with establishing competitive strength against

competitors 8. Situation Analysis provides the information necessary to formulate the

company’s vision or mission statement but it excludes environmental scanning. 9. The essence of Corporate Strategy is to be able to improve both operational and

competitive strategies. 10.Strategy implementation includes appraising the company’s performance. 11.The internet is putting corporations within their traditional boundaries and

corporations are now exploring endless possibilities to innovate. 12.In Planning Financial Aspects phase in strategic management, the data to be

considered may come from salespeople. 13.Failure to communicate the strategies to the entire organization loses the ability

of the organization to implement strategies. 14.Operational strategies will solidify all the other strategies that will then result to

overall organizational performance. 15.In the concept of globalization, companies have placed one international division

to serve all international transactions in order for them to maintain quality and competitive pricing.

III. SYNTHESIS. Create a diagram illustrating the steps in the Strategic Management Process. (18 points)

PRELIM EXAM IN MANAGEMENT 4

1. What are the four (4) factors which contribute to the growth of personnel management in the Philippines?

2. What are the ten (10) roles of the personnel/human resource manager?3. What are the nine (9) roles of the HR department the organization?4. Give at least four (4) personal qualities of the Personnel/Human

Resource Manager.5. Give at least three (3) skills needed by HR Professionals.

PRELIM EXAM IN MANAGEMENT 4

1. What are the four (4) factors which contribute to the growth of personnel management in the Philippines?

2. What are the ten (10) roles of the personnel/human resource manager?3. What are the nine (9) roles of the HR department the organization?4. Give at least four (4) personal qualities of the Personnel/Human

Resource Manager.5. Give at least three (3) skills needed by HR Professionals.